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5.90% p.a. JB Callable Multi Barrier Reverse Convertible (60%) on Sika AG, Kuehne + Nagel International AG, Schindler Holding AG

  • Valor 47839629
  • ISIN CH0478396291
  • Symbol MCRCJB
  • SVSP Category Yield enhancement
  • SVSP Type Barrier Reverse Convertibles








as of:
Performance since issue -0.80%
max. return 6.76%
max. return p.a. 6.29%
Distance to strike (%) 4.64%
Distance to barrier +42.79%
Delta KNIN=0.027,​SCHP=0.028,​SIKA=0.09
multiple Underlyings Yes
days to maturity 393
SSPA VaR* n.a.
SSPA RiskRating* n.a.

*All statements without guarantee.

Daily high (bid) 99.20
Daily low (bid) 99.00
52 Week high (bid) 101.10
52 Week low (bid) 93.95
Alltime high (bid) 101.10
Alltime low (bid) 93.95
Worst performing underlying Sika Ltd
Performance of the underlying since issue 4.87%
Initial fixing date 18/06/2019
Issue date 18/06/2019
Maturity date 18/12/2020
Redemption date 28/12/2020
Callability Yes
Issuer Bank Julius Baer & Co. Ltd., Guernsey
Underlying Schindler Holding Ltd
Sika Ltd
Kühne + Nagel International Ltd
Issue price 100.00
Currency CHF
Listing Yes
Coupon p.a. 5.90%
Next coupon payment 27/12/2019
Strike 100%
Barrier (%) 60.00%
Barrier observation continuous
Quanto No
Payment Scenario Barrier Reverse Convertibles
market expectation
  • Underlying moving sideways or slightly rising
  • Falling volatility
  • Underlying will not breach barrierduring product lifetime
  • Should the barrier never be breached, the nominal plus coupon is paid at redemption
  • Due to the barrier, the probability of maximum redemption is higher; the coupon, however, is smaller than for a Reverse Convertible
  • If the barrier is breached the product changes into a Reverse Convertible
  • The coupon is paid regardless of the underlying development
  • Reduced risk compared to a direct investment into the underlying
  • With higher risk levels, multiple underlyings (“Worst-of”) allow for higher coupons or lower barriers
  • Limited profit opportunity(cap)

Schindler Holding Ltd

  • Ticker SymbolSCHP SW
  • Valor2463819
  • ISINCH0024638196

247.50 CHF

Sika Ltd

  • Ticker SymbolSIKA SW
  • Valor41879292
  • ISINCH0418792922

142.40 CHF

Kühne + Nagel International Ltd

  • Ticker SymbolKNIN SW
  • Valor2523886
  • ISINCH0025238863

163.55 CHF

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